WESTERN POTASH CORP T.WPX

no hope.

[mewbuddy]

if they dreaming to build the pilot plan they are doomed to be bankcrupt. take a look at the potash price. 227 usd per ton. the best thing they can do is finding some meaningful low cost projects. reserve cash for now and spend the cash wisely on other fertilizer projects. definitely not on MOP. there is no market for WPX and there won't be market for them next decade.

[mo1975]

i agree with you mewbuddy..... until the prices rise up there is no gain to be made on this....there is already a plus/minus 25% build up in the pilot project and at 220.00 a ton  it will leave zero dollars remember that the pilot project cost does not include any royalties etc... there is to have some sort of return for this 80. million investment and at 10%  that means a return of 8

[thairat]

It is a difference in price if you want to sell 3m tonnes to one buyer or just 150k to some wholesale seller in the midwest. They have to pay 20-50% more.